Denis Villeneuve's Unforgettable Sci-Fi Sequel Continues to Vastly Outperform in IMAX, With 22% of Global Weekend Total from only 1,600 IMAX Locations Worldwide NEW YORK, March 11, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) delivered a record-breaking encore performance to its dominating debut of "Dune: Part Two" as the IMAX global network notched a stunning 22% of the film's global box office in its second weekend — the biggest global weekend market share in IMAX history. IMAX recorded $27.7 millio ...

Shares of movie theater technology company Imax (IMAX 10.58%) shot higher on Wednesday after the company reported financial results for the fourth quarter of 2023, beating expectations. As of 10:40 a.m. ET, Imax stock was up 10%.Imax has growth and profitsImax makes money both by installing its premium equipment in theaters and from films that have been enhanced for Imax. The company saw growth for both segments in 2023. Not only that, its full-year gross profit margin increased in both segments as well.For ...

IMAX Corporation (IMAX) reported fourth-quarter 2023 adjusted earnings of 17 cents per share, which beat the Zacks Consensus Estimate by a whopping 70% but declined 10.5% from the year-ago quarter.Total revenues of $86.01 million missed the Zacks Consensus Estimate by 3.84% and decreased 12.3% year over year.Greater China accounted for 19.2% of revenues. The metric declined 35.8% year over year to $16.5 million.Category-wise, Technology Sales and Finance Income were up 4.3% and 10.7% year over year to $35.3 ...

IMAX Corporation (NYSE:IMAX) Q4 2023 Earnings Conference Call February 27, 2024 4:30 PM ET Company Participants Jennifer Horsley - Senior Vice President-Investor Relations Rich Gelfond - Chief Executive Officer Natasha Fernandes - Chief Financial Officer Rob Lister - Chief Legal Officer & Senior Executive Vice President Conference Call Participants Eric Handler - ROTH MKM Eric Wold - B. Riley Securities Omar Mejias - Wells Fargo Steven Frankel - Rosenblatt Securities Mike Hickey - The Benchmark Company Step ...

For the quarter ended December 2023, Imax (IMAX) reported revenue of $86.02 million, down 12.3% over the same period last year. EPS came in at $0.17, compared to $0.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $89.46 million, representing a surprise of -3.84%. The company delivered an EPS surprise of +70.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Imax (IMAX) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 70%. A quarter ago, it was expected that this entertainment technology company would post earnings of $0.21 per share when it actually produced earnings of $0.35, delivering a surprise of 66.67%.Over the last four quarters, t ...

I N V E S T O R P R E S E N T A T I O N F E B R U A R Y 2 0 2 4 F O R W A R D - L O O K I N G S T A T E M E N T S This presentation contains forward looking statements that are based on IMAX® business initiatives; conditions in the in-home and out-of-home entertainment management's assumptions and existing information and involve certain risks and industries; the opportunities (or lack thereof) that may be presented to and pursued by uncertainties which could cause actual results to differ materially from f ...

Imax saw sales dip in the fourth quarter to $86 million from $98 million, in line with Wall Street forecasts, as the company focused on the full year and its accelerated global expansion. The stock in up in after-market trading. Adjusted ebitda (earnings before interest, taxes, depreciation and amortization)was $23 million (also down from the year ago), and EPS was flat at 5 cents a share, also in line.   The fourth quarter was hit by big ticket films moving out of 2023. Oppenheimer, which came out over th ...

If you like big films and you cannot lie, there's a pretty good chance that you've been to an Imax (IMAX 1.36%) screening. You'll pay a couple of bucks more than a traditional movie ticket, but the high-end mastering, supersized screen, and robust sound system make it an experience that one can't easily duplicate at home.The one thing that isn't huge is Imax's share price. The stock is trading in the mid teens, 65% below the all-time high it hit nine years ago. In a rising market, Imax shares have fallen 9% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file Number 001-35066 IMAX Corporation (Exact name of registrant as specified in its charter) Canada 98-0140269 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...